Hong Kong Transfer Pricing 2020: Master File and Local File Deadlines
Hong Kong Transfer Pricing 2020: Master File and Local File Deadlines September 9, 2020 If your Hong Kong entity is part of a multinational enterprise (“MNE”) group and carries out related party transactions, it could be subject to mandatory Master File and Local File documentation requirements if it does not satisfy the exemption criteria. This […]
Hong Kong Limited Partnership Fund Regime & Unified Profits Tax Exemption for Funds
Hong Kong Limited Partnership Fund Regime & Unified Profits Tax Exemption for Funds August 31, 2020 As the new Hong Kong Limited Partnership Fund (“LPF”) regime comes into effect on 31 August 2020, we would like to provide you with this newsletter to introduce the salient features of the new LPF regime, as well as […]
New IIT Regime: First Annual Individual Income Tax Filing on Comprehensive Income
New IIT Regime: First Annual Individual Income Tax Filing on Comprehensive Income June 16, 2020 As the deadline for China IIT annual filing on comprehensive income is approaching, we have summarized the key points for your reference, which include: What is IIT annual filing for comprehensive income How to calculate the estimated additional tax payable/ […]